"Tariffs are going to be inflationary," said [Walmart] CFO John Rainey. "There's no disputing that. Likely consumers are going to pay more for the items that they buy."
If #Trump implements this idiocy, we should call it the #TrumpTax, not “tariffs.” Make sure every Trump voter hears over and over why prices went up.
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@ampersine OBVIOUSLY! That's what tariffs do.
Vendors are already responding. The price of the sugar I buy, which is imported from Colombia, jumped up 30% in the last week. Boom! It hasn't changed in ages. Suppliers are assuming Trump means what he says so here it comes. Buckle up.
